Markets
Here are today’s market moves:
What Happened?
The S&P 500 and Nasdaq climbed to fresh records on Wednesday, continuing their momentum after this week’s full approval for Pfizer’s Covid-19 vaccine.
The S&P 500 notched its 51st record close of 2021.
All eyes are on the Fed’s annual conference on Friday for hints on when the central bank may slow down support.
Some are speculating that rising covid cases across the U.S. might mean the Fed will continue its accommodative policies for longer.
The crypto market gained on Wednesday, with Bitcoin trading near $49k, as price sits just below the key $50,000 level.